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Single Family Residence
$950,000$433 / sqft
55 SW 60th Ave, Miami FL 33144
Listed
5
Bedrooms
2
Bathrooms
2,196 sqft
Interior
1950
Year built
None
HOA
Single Family Residence
Type
About this home
Discover this beautifully and completely remodeled 5-bedroom, 2-bathroom single-family home offering 2,196 sq. ft. of living space, ideally located in the heart of Miami. This spacious property combines comfort, versatility, and convenience, just minutes from Coral Gables, Calle Ocho, Miami International Airport, major highways, restaurants, shopping, and local markets. The home features significant recent upgrades, including a new metal roof installed in August 2025, impact-resistant windows and doors installed in October 2024, and a completely new kitchen. The property also features two water heaters and A/C units, as well as a versatile secondary rear primary suite with a private bathroom, walk-in closet, and an additional laundry facility, providing excellent flexibility and making the home ideal for a large or multigenerational family seeking separate living areas while remaining under one roof. This space also offers the potential to be converted into a mother-in-law suite or efficiency. Situated on a large lot, the property offers generous outdoor space and convenient access to the backyard from both sides of the house. With its flexible floor plan, extensive renovations, major recent improvements, and highly desirable central Miami location, this property offers an excellent opportunity as a primary residence or potential income-producing property—fully updated, move-in ready, and waiting for its new owner to call it home!
Features
- First Floor Entry
- Closet Cabinetry
- Attic
- Family Room
- Florida Room
- Separate Guest/In-Law Quarters
- Storage
- Utility Room/Laundry
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.